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From GlobeNewswire: 2025-03-18 10:00:00

The global Automotive Lead-Acid Battery Market was valued at USD 24.67 billion in 2023 and is projected to reach USD 40.60 billion by 2032, with a CAGR of 5.69% from 2024-2032. Key players include Exide Industries, Clarios, and Johnson Controls. SLI batteries dominate the market, with passenger cars leading in vehicle category.

In 2023, SLI batteries held over 38% market share, crucial for ignition and powering vehicle accessories. Passenger cars led the market with over 76% share, driven by global demand and government incentives. Asia-Pacific led the market in 2023, with North America emerging as the fastest-growing region due to rising demand for replacement batteries.

Recent developments include Kinetic Green introducing a limited edition electric three-wheeler with lead-acid and lithium battery options, and Mahindra Last Mile Mobility unveiling the e-Alfa Plus with a 150 Ah lead-acid battery and a range exceeding 100 km per charge. The market is expected to continue growing with technological advancements and increased demand for sustainable battery solutions. The automotive lead-acid battery market is analyzed in a new research report covering market dynamics, statistical insights, and trends. The report includes a competitive landscape analysis, segmentation by battery type and vehicle type, regional analysis, and company profiles. Use cases and best practices are also highlighted, leading to a comprehensive conclusion.

For more information or customization options, contact SNS Insider at [email protected]. SNS Insider is a leading market research and consulting agency providing clients with current, accurate market data and consumer insights. The aim is to help clients make informed decisions in a rapidly changing market environment through surveys, video talks, and global focus groups.



Read more at GlobeNewswire: Automotive Lead-Acid Battery Market to Reach USD 40.60